FlexShares STOXX US ESG Select Index Fund (BATS:ESG) Trading Up 6.8% – What’s Next?

FlexShares STOXX US ESG Select Index Fund (BATS:ESG)’s stock price rose 6.8% during mid-day trading on Tuesday . The stock traded as high as $140.00 and last traded at $146.47. Approximately 3,534 shares traded hands during mid-day trading, a decline of 16% from the average daily volume of 4,192 shares. The stock had previously closed at $137.18.

FlexShares STOXX US ESG Select Index Fund Price Performance

The firm has a market capitalization of $120.83 million, a PE ratio of 24.02 and a beta of 1.04. The firm has a 50-day simple moving average of $142.82 and a 200-day simple moving average of $138.79.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ESG. Well Done LLC lifted its position in shares of FlexShares STOXX US ESG Select Index Fund by 5.9% during the 2nd quarter. Well Done LLC now owns 5,165 shares of the company’s stock valued at $758,000 after buying an additional 290 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in shares of FlexShares STOXX US ESG Select Index Fund during the 2nd quarter valued at about $29,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of FlexShares STOXX US ESG Select Index Fund during the 2nd quarter valued at about $300,000. Royal Bank of Canada lifted its position in shares of FlexShares STOXX US ESG Select Index Fund by 2.8% during the 1st quarter. Royal Bank of Canada now owns 6,538 shares of the company’s stock valued at $879,000 after buying an additional 179 shares in the last quarter. Finally, SGL Investment Advisors Inc. lifted its position in shares of FlexShares STOXX US ESG Select Index Fund by 4.7% during the 1st quarter. SGL Investment Advisors Inc. now owns 5,709 shares of the company’s stock valued at $773,000 after buying an additional 256 shares in the last quarter.

About FlexShares STOXX US ESG Select Index Fund

The FlexShares STOXX US ESG Select Index Fund (ESG) is an exchange-traded fund that is based on the STOXX USA ESG Select KPIs index. The fund follows a principles-based index composed of US-listed companies that exhibit environmental, social, and corporate governance (ESG) characteristics. ESG was launched on Jul 13, 2016 and is managed by FlexShares.